NEW YORK (NewsNation) — Federal Reserve chair Jerome Powell and other central bank leaders are gathering this week in Wyoming for the annual Jackson Hole Economic Symposium, a pivotal event for global markets and monetary policy.

This year's summit carries additional weight: it will be Powell's last appearance at Jackson Hole as Fed chair before his term ends in May 2026. It also comes at a time of mounting pressure from both Wall Street and the White House, as President Donald Trump continues to push the central bank to align with his tariff-driven economic agenda.

With so much at stake, global markets will be parsing every word Powell delivers in Wyoming.

September rate cut predicted

Markets are already betting heavily on a rate cut next month.

Following the release of minutes from

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